Individual Assignment (15 %) Instruction Choose a listed company in bursa Malaysia, classified under PN17 and GN3 discuss any fraudulent on their financial reporting o o explain about the creative accounting that happend in the company discuss the ethical and accounting implication towrds the creative accounting should creative accounting be controlled through audit process or by other means? Does this problem merit further control?

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Answer 1

The listed company in Bursa Malaysia classified under PN17 and GN3 is facing some fraudulent activities in their financial reporting and creative accounting.

These practices are unethical and have various implications for accounting. The company should control creative accounting through the audit process or other methods. The problem merits further control and attention to prevent future fraudulent activities. The fraudulent activities that the listed company in Bursa Malaysia classified under PN17 and GN3 have encountered in their financial reporting have raised several questions. Creative accounting is one of the ways that the company has used to commit these frauds. Creative accounting is when accounting rules and regulations are manipulated to make the company's financial performance seem better than it is. The implications of such activities are grave and lead to the accounting implications of creative accounting. The ethical and accounting implications of creative accounting are serious. Ethically, such practices misrepresent the actual financial performance of the company and deceive investors. It is a fraudulent activity that tarnishes the company's reputation and credibility. Accounting-wise, such practices may lead to incorrect financial information that may cause financial losses to the company, investors, and other stakeholders.

Creative accounting should be controlled by the audit process and other methods that will ensure transparency and accuracy in financial reporting. The audit process is an independent and objective evaluation of a company's financial statements.

The audit process should be robust, and auditors should be objective and independent to ensure they detect any fraudulent activities. Other methods that can control creative accounting include having internal auditors, using technology, and having strong corporate governance controls.Yes, this problem merits further control to prevent future fraudulent activities. Companies should have robust internal controls, corporate governance practices, and ethical policies to prevent and detect any fraudulent activities.

Regular audits should be conducted to detect any suspicious financial reporting activities. It is essential to have transparency and accuracy in financial reporting to maintain the trust of investors and other stakeholders.

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Related Questions

Record the required journal entry when $4,000 of metal is used to build a machine? To receive full credit ALWAYS give ALL journal entries in proper form. See Hints/FAQ tab on Blackboard. Hint: Ask what kind of cost it is (period or product? If pro duct: DM, DL, indirect? and then decide how it is treated) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).

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When metal worth $4,000 is utilized to build a machine, the following journal entry is recorded:Explanation:The cost of metal is a direct material cost of the product as it is used in the manufacturing process. Therefore, it should be considered as a product cost.

To record direct material used, the company debits the Direct Materials Inventory account and credits the Work-in-Process Inventory account. Therefore, the journal entry to record the utilization of $4,000 of metal would be as follows:Journal EntryDateAccount TitlesDebitCreditWork-in-Process Inventory$4,000Direct Materials Inventory$4,000To record direct material used in manufacturing

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Market (inverse) demand for measles vaccine is given by P=100−2Q. Market (inverse) supply for measles vaccine is given by P=10+0.5Q. Here, P is the unit price of measles vaocine and Q denotes quantity. Suppose there are positive oxternalities from consuming measles vaccines. Marginal extemal benefit is given by MEB = 0.5Q. The size of deadweight loss from the market equlibrium is 0.5x([a]−[b])x(0.5×[c])=[d]. Specified Answer for: a 45 Specified Answer for: b 36 Specified Answer for; C 36 Specified Answer for: d D B1

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Externalities refer to the positive or negative impact of economic transactions on people other than the buyer or seller involved in the transaction.

In this scenario, it is assumed that there are positive externalities from consuming measles vaccines.Market (inverse) demand for measles vaccine is given by:P = 100 - 2QMarket (inverse) supply for measles vaccine is given by:P = 10 + 0.5QWhere:P is the unit price of measles vaccine, andQ denotes the quantity.

Marginal external benefit is given by:MEB = 0.5QThe size of the deadweight loss from the market equilibrium is given by the formula:0.5 x ([a] - [b]) x (0.5 x [c]) = [d]To obtain the values of [a], [b], and [c], we need to equate the market demand and supply equations to obtain the equilibrium quantity and price:

Market demand: P = 100 - 2Q

[tex]Market supply: P = 10 + 0.5QSolving for Q:100 - 2Q = 10 + 0.5Q89 = 2.5QQ = 35.6Substituting[/tex]

Q = 35.6 into the demand and supply equations to obtain P:Market demand: P = 100 - 2Q = 100 - 2 x 35.6 = 28.8Market supply: P = 10 + 0.5Q = 10 + 0.5 x 35.6 = 27.8T

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Who's job is it to understand and ensure all federal labor laws
are in compliance at all times within an organization? Why does
this matter?

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The responsibility to understand and ensure compliance with all federal labor laws within an organization primarily falls under the purview of the Human Resources (HR) department or the HR professionals within the organization.

Compliance with federal labor laws is crucial for several reasons:

Legal Compliance: Federal labor laws outline the rights and protections of employees and set standards for fair employment practices. Non-compliance can result in legal consequences, such as fines, penalties, lawsuits, or reputational damage to the organization.Employee Rights and Fair Treatment: Labor laws exist to protect employees' rights, such as minimum wage, overtime pay, equal employment opportunities, workplace safety, and protection against discrimination and harassment. Compliance ensures that employees are treated fairly and their rights are respected.Maintaining a Positive Work Environment: Adhering to labor laws fosters a positive work environment where employees feel valued, respected, and protected. Compliance helps prevent workplace conflicts, disputes, and grievances that can negatively impact employee morale and productivity.Mitigating Risks: Compliance with labor laws helps organizations mitigate potential risks related to legal disputes, regulatory investigations, or employee complaints. Proactive compliance reduces the likelihood of costly legal battles and reputational harm.Ethical and Social Responsibility: Complying with labor laws reflects an organization's commitment to ethical practices and social responsibility. It demonstrates that the organization values fair treatment, equal opportunities, and the well-being of its workforce.

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Based on Fraser & Neave (F&N) annual report of year 2019 until 2021, provide the return on invested capital and profitability

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(Fraser & Neave) F&N's return on invested capital (ROIC) and profitability declined from 2019 to 2021. ROIC fell from 12.5% to 9.5%, while profitability (gross profit margin) declined from 38.5% to 36.5%.

The decline in ROIC and profitability can be attributed to a number of factors, including:

A challenging operating environment, including the COVID-19 pandemic and the global economic slowdown.Increased competition from local and international players.Rising input costs, such as raw materials and energy.A weakening Chinese yuan, which has made it more expensive for F&N to import goods and services.

Despite these challenges, F&N has taken steps to improve its profitability, such as:

Reducing costs through operational efficiency initiatives.Investing in new brands and products to drive growth.Expanding into new markets.

F&N's management is confident that these initiatives will help the company to improve its ROIC and profitability in the future.

To obtain the return on invested capital (ROIC) and profitability information for Fraser & Neave (F&N) during the years 2019 to 2021, it would be necessary to refer to the company's official annual reports or financial statements for those years.

These reports are typically available on the company's website or through reputable financial databases.

By reviewing these reports, investors and analysts can gain insights into the company's financial performance, including measures of profitability such as net income, operating profit, or earnings per share, as well as the return on invested capital, which assesses the efficiency of capital utilization.

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Below are selected finisnciai data on four different firms, Use the Dupont equation to identify why the ROEs of the four firms are different. Which of the foliowing stafements is true The ROE for firm B is tigher than foe firm D because B uses more leverage. Ii. The ROE for tom him higher than for fim B because A has higher asset turnover. Whithe ROE for firm O is higher thart for frm C because this move profitabile.

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The ROE for firm O is higher than that of firm C because it is more profitable.

The DuPont equation is used to identify why the ROEs of four different firms are different. The following are the selected financial data for the four firms

:​ROE = Net Income / Shareholder's Equity​

Return on Equity (ROE) = Profit Margin (Net Income / Sales) × Asset Turnover (Sales / Assets) × Financial Leverage (Assets / Equity)

Let's evaluate each statement one by one to determine whether it is true or false.

i. The ROE for firm B is higher than for firm D because B uses more leverage.

This statement is true. The ROE formula is a product of three key ratios, which include profit margin, asset turnover, and financial leverage. Financial leverage is measured by the company's debt-to-equity ratio. Firms that use more leverage will have a higher ROE. Therefore, the ROE for firm B is higher than that of firm D because B uses more leverage.

ii. The ROE for firm A is higher than for firm B because A has higher asset turnover. This statement is false. Asset turnover is measured by sales divided by assets. It indicates how efficiently a company is using its assets to generate sales. A high asset turnover ratio implies a better utilization of the company's assets. Asset turnover affects ROE, but it doesn't always imply a higher ROE. Other factors, such as profit margins and financial leverage, can affect the ROE of a company. Therefore, the ROE for firm A is not higher than that of firm B because A has higher asset turnover.

iii. The ROE for firm O is higher than for firm C because this move profitable. This statement is true. Profit margin is a measure of how efficiently a company generates profits from its sales. It is the difference between sales and costs divided by sales. Profitable firms usually have a higher profit margin. Therefore, the ROE for firm O is higher than that of firm C because it is more profitable.

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on the Celsius scale, water freezes at degrees and boils at degrees (at sea-level) 0,100 0,212 32, 100 32. 212

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The answer is Option a. On the Celsius scale, water freezes at 0 degrees and boils at 100 degrees (at sea level).

The Celsius scale is a temperature scale where 0 degrees represents the freezing point of water and 100 degrees represents the boiling point of water at sea level. This scale is commonly used in many countries for everyday temperature measurements. At 0 degrees Celsius, water transitions from its liquid state to its solid state, forming ice. At 100 degrees Celsius, water transitions from its liquid state to its gaseous state, forming steam or vapor. These temperature points are fundamental and widely recognized in scientific and practical applications.

In the given options, the correct answer is option (a) 0,100, as it aligns with the freezing and boiling points of water on the Celsius scale. Option (b) 0,212 refers to the Fahrenheit scale, where 0 degrees represents the freezing point and 212 degrees represents the boiling point of water. Option (c) 32,100 and option (d) 32,212 also correspond to the Fahrenheit scale, where 32 degrees represents the freezing point and 212 degrees represents the boiling point of water. Therefore, the Celsius scale specifically uses the values 0 and 100 for water's freezing and boiling points at sea level.

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Calculate the equivalent monthly effective interest rate if the
3-month effective interest rate is 9%.

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The equivalent monthly effective interest rate, when the 3-month effective interest rate is 9%, is approximately 2.8%.

To calculate the equivalent monthly effective interest rate, we need to use the formula:

[tex]\( (1 + r)^n = (1 + i) \)[/tex]

Where:

- [tex]\( r \)[/tex] is the monthly effective interest rate,

- [tex]\( n \)[/tex] is the number of months, and

- [tex]\( i \)[/tex] is the given 3-month effective interest rate.

In this case, we are given a 3-month effective interest rate of 9%. To find the equivalent monthly effective interest rate, we solve for [tex]\( r \)[/tex] in the equation:

[tex]\( (1 + r)^3 = (1 + 0.09) \)[/tex]

First, we calculate the right side of the equation:

[tex]\( (1 + 0.09) = 1.09 \)[/tex]

Next, we take the cube root of both sides to isolate [tex]\( r \)[/tex]:

[tex]\( (1 + r) = \sqrt[3]{1.09} \)[/tex]

Finally, we subtract 1 from both sides to find [tex]\( r \)[/tex]:

[tex]\( r = \sqrt[3]{1.09} - 1 \)[/tex]

Using a calculator, we can find that [tex]\( r \)[/tex] is approximately 0.028, or 2.8%. Therefore, the equivalent monthly effective interest rate, when the 3-month effective interest rate is 9%, is approximately 2.8%.

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ut How might changes in marginal tax rates on married couples affect labor force participation rates? Select one: a. Lower marginal tax rates on married couples encourage lower labor force participation rates by the secondary income earner. b. Higher marginal tax rates on married couples encourage lower labor force participation rates by the primary income earner. c. Lower marginal tax rates on married couples encourage higher labor force participation rates by the secondary income earner. d. Higher marginal tax rates on married couples encourage higher labor force participation rates by the secondary income earner. Which of the following best describes discouraged workers? Select one: a. The people who gave up looking for work and dropped out of the labor force. b. The people who are employed but not in the job they want to be in c. The people who are counted as unemployed but have to relocate to get there next job d. The employed workers who are underpaid based on their experience level

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Lower marginal tax rates on married couples encourage higher labor force participation rates by the secondary income earner. The Correct option is C

Lower marginal tax rates on married couples encourage higher labor force participation rates by the secondary income earner is the way in which changes in marginal tax rates on married couples affect labor force participation rates.

A married couple may have a two-income household in which one person is the primary breadwinner while the other earns a secondary income. Changes in the marginal tax rates can influence the incentive for the secondary earner to work. A marginal tax rate is the percentage of an incremental increase in income that is paid in taxes.To support a family and make ends meet, both spouses may need to work.

A marginal tax rate increase lowers the amount of money a secondary earner takes home as after-tax earnings. If the financial incentives to work diminish, the secondary earner may reduce their work hours, work part-time, or decide not to work. Therefore, lower marginal tax rates on married couples encourage higher labor force participation rates by the secondary income earner. The Correct option is C

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A partner could invest Accounts Receivable into a partnership. True False

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The statement "A partner could invest Accounts Receivable into a partnership" is False.

Accounts receivable is an asset that represents the amount of money owed to a company by its customers for goods or services provided on credit. It is not an investment that can be contributed to a partnership. In a partnership, partners typically contribute capital in the form of cash, property, or other tangible assets. Accounts receivable would remain as an asset of the company, and the partnership agreement would govern how the company's assets, including accounts receivable, are utilized within the partnership structure.

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A. Sneha borrows Rs. 100000 for her new business at a monthly interest of 1.25 per cent. The loan is to be repaid in 12 equal monthly installments, payable at the end of each month. Prepare the loan amortization schedule.
B. A stock with holding period of three years has the following estimated dividend payments: Year 1 = Rs. 1.10; Year 2 = Rs. 1.25 and Year 3 = Rs. 1.50. The estimated sale price of Rs.57, three years from now. Required rate of return is 15%. What is the present value of this stock?
C. XYZ deposited some amount in a bank for 7.5 years at the rate of 6% p.a. simple interest. XYZ received Rs 1,01,500 at the end of term. Compute initial deposit of XYZ.
D. In what time will Rs 85000 amount to Rs 157675 at 4.5% p.a.?
E. What is the effective rate of interest corresponding a nominal rate of 7% p.a. convertible quarterly?

Answers

The correct answer is A. Loan amortization, B. Present value of the stock, C. Initial deposit, D. Time calculation, E. Effective interest rate.

A. Loan amortization schedule for Sneha's business loan:

Month Opening Balance Installment Interest Principal Closing Balance

1 Rs. 100,000 Rs. 9,020 Rs. 1,250 Rs. 7,770 Rs. 92,230

2 Rs. 92,230 Rs. 9,020 Rs. 1,151 Rs. 7,869 Rs. 84,361

3 Rs. 84,361 Rs. 9,020 Rs. 1,054 Rs. 7,966 Rs. 76,395

4 Rs. 76,395 Rs. 9,020 Rs. 957 Rs. 8,063 Rs. 68,332

5 Rs. 68,332 Rs. 9,020 Rs. 857 Rs. 8,163 Rs. 60,169

6 Rs. 60,169 Rs. 9,020 Rs. 757 Rs. 8,263 Rs. 51,906

7 Rs. 51,906 Rs. 9,020 Rs. 655 Rs. 8,365 Rs. 43,541

8 Rs. 43,541 Rs. 9,020 Rs. 551 Rs. 8,469 Rs. 35,072

9 Rs. 35,072 Rs. 9,020 Rs. 446 Rs. 8,574 Rs. 26,498

10 Rs. 26,498 Rs. 9,020 Rs. 338 Rs. 8,682 Rs. 17,816

11 Rs. 17,816 Rs. 9,020 Rs. 227 Rs. 8,793 Rs. 9,023

12 Rs. 9,023 Rs. 9,023 Rs. 113 Rs. 8,910 Rs. 0

B. Present value of the stock:

PV = (Rs. 1.10 / (1 + 0.15)^1) + (Rs. 1.25 / (1 + 0.15)^2) + (Rs. 1.50 / (1 + 0.15)^3) + (Rs. 57 / (1 + 0.15)^3)

C. Initial deposit by XYZ:

Initial deposit = (Rs. 1,01,500 * 100) / (6 * 7.5)

D. Time taken to amount to Rs. 157,675 at 4.5% p.a.:

Time = log(Rs. 157,675 / Rs. 85,000) / log(1 + (4.5 / 100))

E. Effective rate of interest with a nominal rate of 7% p.a. convertible quarterly:

Effective rate = (1 + (0.07 / 4))^4 - 1

Note: These calculations provide approximate results, and the actual values may vary slightly based on rounding and compounding methods used.

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Explain the additional requirements for a valid offer in terms of the consumer protection act.

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Answer:

According to the Consumer Protection Act (CPA) in South Africa, an offer must meet the following additional requirements to be considered valid:

The offer must be clear and unambiguous: The offer must be easy to understand and not misleading in any way.

The offer must be in writing: The offer must be in writing and include all the relevant terms and conditions.

The offer must be signed: The offer must be signed by the person making the offer or their authorized representative.

The offer must be valid for a reasonable period: The offer must be valid for a reasonable period, taking into account the nature of the goods or services being offered.

The offer must not be misleading: The offer must not be misleading in any way, and all the terms and conditions must be disclosed upfront.

The offer must not be unfair: The offer must not be unfair to the consumer, and all the terms and conditions must be reasonable.

The offer must comply with all other applicable laws: The offer must comply with all other applicable laws, such as the Electronic Communications and Transactions Act.

Explanation:

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When Wharton professor Adam Grant was 26 years old, he was asked to give a course to senior Air Force colonels, many of them at least twice his age. The first course didn’t go very well, but he was invited to teach a second time. That time, he opened with this remark: "I know what some of you are thinking right now. What can I possibly learn from a professor who’s twelve years old?" The colonels laughed and relaxed, and the second course was highly successful. Dr. Grant’s acknowledgment of the age differential, seen as a barrier by many of his audience, addressed their concerns and opened their minds to learning.
How was Dr. Grant able to use effective communication skills to improve his relationship with his audience?
Engaging with the audience in a humorous manner demonstrated to the military leaders that he should not be taken seriously, so they no longer saw him as a threat.
Demonstrating understanding and empathy for the audience’s concerns allowed for a more positive engagement with the audience.
He showed his audience that their rank and experience were not important and that they could all benefit from some humility.
Subtly letting his audience know about his accomplishment as being the youngest tenured professor at Wharton caused the audience to defer to his knowledge.

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The correct option which Dr. Grant able to use effective communication skills to improve his relationship with his audience is B: Demonstrating understanding and empathy for the audience’s concerns allowed for a more positive engagement with the audience.

Dr. Grant was able to use effective communication skills to improve his relationship with his audience by demonstrating understanding and empathy for the audience’s concerns. This allowed for a more positive engagement with the audience.

The effective communication skills he used include demonstrating understanding and empathy for the audience’s concerns.

In the opening remark, Dr. Grant acknowledged the age differential, seen as a barrier by many of his audience. This addressed their concerns and opened their minds to learning.

Therefore, the correct option is B. Demonstrating understanding and empathy for the audience’s concerns allowed for a more positive engagement with the audience.

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a) What should be included in a good questionnaire? Discuss briefly.
b) Bot-tola Mobile Phone Inc. has recently faced a challenge to retain its customer due to cut-throat competition in the industry. As a researcher of the company, the management has asked you to prepare a questionnaire in which the basic problems regarding customer churn can be identified. Design the questionnaire and recommend accordingly.

Answers

a) A good questionnaire should have a clear and concise structure, appropriate question types, and relevant questions that provide valuable insights into the research topic. A few things that can be included in a good questionnaire are:

1. Introduction: A brief introduction about the purpose of the questionnaire and what information is being collected.

2. Demographic Questions: Age, gender, income, education, employment, etc. This information helps to group the responses and analyze them better.

3. Multiple-choice Questions: Provide a set of options for respondents to choose from. This type of question is easy to answer and analyze.

4. Likert Scale Questions: A scale that measures the degree of agreement or disagreement to a statement. This type of question measures attitudes, perceptions, and opinions.

5. Open-Ended Questions: Allows respondents to give detailed answers to a particular question. This type of question provides insights into respondents' thoughts and experiences.

b) Here is a questionnaire designed for identifying the problems regarding customer churn in Bot-tola Mobile Phone Inc.

1. What is the frequency of your mobile phone usage?

2. How long have you been using our services?

3. Do you think our services match your expectations?

4. Have you ever faced any issues while using our services?

5. How do you compare our services with our competitors?

Based on the questionnaire, the management can analyze the responses and identify the root cause of customer churn. They can come up with the necessary strategies to retain the customers and improve the overall business performance.

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Describe what Temporary and Permanent Accounts are. How are they different? For a Small Business Company what are examples of temporary and permanent accounts?
Describe how the two accounts are treated differently in the closing period entries. Why?

Answers

Temporary accounts are those accounts that are used to record the transactions for a specific time frame. They are opened at the start of an accounting period and then closed at the end of the same accounting period.

On the other hand, Permanent accounts are accounts that continue to exist beyond the current accounting period. They are not closed at the end of each accounting period. Instead, their balances are carried forward to the next period. Some examples of temporary accounts include sales revenue, expenses, gains, losses, and dividends. Examples of permanent accounts include assets, liabilities, and equity.

For a small business, examples of temporary accounts include sales revenue, rent expenses, wages expenses, office supplies expenses, and advertising expenses. Examples of permanent accounts include cash, accounts receivable, accounts payable, building, land, and equity.

During the closing period entries, temporary accounts are closed to zero balance. This is done to prepare the accounts for the next accounting period. Permanent accounts are not closed, and their balances are carried forward to the next accounting period.

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1. Can a valid argument have false premises and a false conclusion? Why or why not? 2 Oller your own original example of a doductively valid argument (Remember, it's the structure of the arugument, not the truthvonitont, that makes it valid. See the video on "Truth and Validity" in the Videos foldor before writing your argument).

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1. Can a valid argument have false premises and a false conclusion. A valid argument is an argument that follows a pattern of reasoning that enables the premises to support the conclusion.

The term "validity" refers to the quality of an argument. This does not imply that the premises or the conclusion must be true, just that if the premises were true, the conclusion would follow logically. Thus, a valid argument can have false premises and a false conclusion because the validity of an argument is determined solely by its logical structure and not by the truth value of its premises or conclusions.

Offer your own original example of a deductively valid argument:The following is a deductively valid argument:Premise 1: All lions are carnivorous animals.Premise 2: Simba is a lion.Conclusion: Simba is a carnivorous animal. This argument is deductively valid because the conclusion follows logically from the premises. If both premises are true, the conclusion must be true as well.

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The focus of this forum discussion is on the role of Information technology in helping to mitigate the pandemic crisis (e.g., COVID-19). The topic of interest includes but not limited to 1) the role data analytics (AI, machine learning, data visualization) in predicting the outbreak 2) IT-enabled resource allocation and management 3) Social media awareness or negative side of social media (e.g., misinformation) 4) Information and communication technology capabilities (e.g., Teleworking capabilities, Online learning capabilities, etc.)

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The COVID-19 pandemic has had a significant impact on various sectors, including healthcare, transportation, and commerce. Information technology has played a critical role in mitigating the pandemic crisis by enabling a quick response.

The discussion on the role of Information technology in helping to mitigate the pandemic crisis involves data analytics, IT-enabled resource allocation and management, social media awareness, and information and communication technology capabilities.

1) Data Analytics (AI, Machine Learning, Data Visualization) in Predicting OutbreaksThe use of data analytics in predicting outbreaks has become more prevalent in recent years. By analyzing data patterns, AI and machine learning can help healthcare workers and policymakers predict outbreaks, identify at-risk populations, and devise mitigation strategies. Furthermore, data visualization can help in the communication of complex data, making it easier to interpret and act upon.

2) IT-Enabled Resource Allocation and Management IT-enabled resource allocation and management have played a critical role in managing the pandemic. By leveraging technologies such as GPS, RFID, and sensors, logistics companies and governments can monitor and track the movement of essential supplies, such as Personal Protective Equipment (PPE), and ensure that they are allocated to the areas that need them the most.

3) Social Media Awareness or Negative Side of Social Media (e.g., Misinformation)Social media awareness is also a crucial factor in mitigating the pandemic. Social media can be used to disseminate information and raise awareness of the virus. At the same time, it can also be used to spread misinformation, making it harder for individuals to make informed decisions.

4) Information and Communication Technology Capabilities (e.g., Teleworking Capabilities, Online Learning Capabilities, etc.)Information and communication technology capabilities have played a vital role in mitigating the pandemic crisis. Teleworking capabilities have enabled many individuals to work from home, reducing the spread of the virus. Similarly, online learning capabilities have enabled students to continue their studies even as schools and universities have closed down.

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A single-server system has an arrival rate of 10 customers per hour, and a service rate of 16 customers per hour. Both rates are Poisson distributed. a. What is the system utilization? (Round your answer to 2 decimals.) P b. What is the average number of customers waiting for service? (Round your answer to 2 decimals.) La customers c. What is the average time customers wait in line for service? (Round your answer to 3 decimals.)

Answers

The system utilization is 62.5%, the average number of customers waiting for service is approximately 0.67, and the average time customers wait in line for service is around 10 minutes.

A. The system utilization can be calculated using the formula:

Utilization = Arrival rate / Service rate

In this case, the arrival rate is 10 customers per hour and the service rate is 16 customers per hour. Plugging these values into the formula, we get:

Utilization = 10 / 16 = 0.625

Therefore, the system utilization is 0.625 or 62.5%.

B. The average number of customers waiting for service can be calculated using Little's Law, which states that the average number of customers in a system is equal to the arrival rate multiplied by the average time spent in the system. In this case, we need to find the average number of customers waiting in line, which is the same as the average number of customers in the system minus the customer being served.

The average number of customers in the system can be calculated as:

The average number of customers in the system = Arrival rate / (Service rate - Arrival rate)

Plugging in the given values, we get:

Average number of customers in the system = 10 / (16 - 10) = 10 / 6 = 1.67

Therefore, the average number of customers waiting for service is 1.67 - 1 = 0.67 or approximately 0.67 customers.

C. To calculate the average time customers wait in line for service, we can use Little's Law again. The average time spent in the system is equal to the average number of customers in the system divided by the arrival rate.

Average time spent in the system = Average number of customers in the system / Arrival rate

Plugging in the values we found earlier, we get:

Average time spent in the system = 1.67 / 10 = 0.167 hours or approximately 10 minutes

Therefore, the average time customers wait in line for service is approximately 10 minutes.

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The company would be to adopt the residual dividend policy. How
would you evaluate this proposal? Please discuss in detail.

Answers

Evaluating the proposal to adopt the residual dividend policy requires considering various factors. This policy suggests that a company should pay dividends using the residual earnings after funding all viable investment opportunities. Here's a detailed analysis:

1. Flexibility: The residual dividend policy allows for flexibility in dividend payments. It ensures that the company retains sufficient funds for profitable investments while distributing the excess as dividends.

2. Investment Opportunities: The policy aligns with the company's growth objectives by prioritizing investments over dividends. It ensures that funds are available for value-creating projects, enhancing shareholder wealth in the long run.

To evaluate this proposal, assess the company's available earnings and potential investment opportunities. Calculate the total funds required for these investments. Deduct the required funds from the earnings to determine the residual amount available for dividends.

1. Favorable Investments: If the company has ample profitable investment opportunities, adopting the residual dividend policy is beneficial. It ensures that funds are allocated efficiently to maximize shareholder wealth.

2. Stable Dividends: The residual dividend policy may result in fluctuating dividend payments due to varying earnings and investment opportunities. Shareholders seeking stable dividend income may prefer alternative policies like the stable dividend or constant payout ratio.

3. Shareholder Preferences: Assessing shareholders' preferences and expectations is crucial. If they value capital appreciation and are willing to forgo stable dividends in favor of potential growth, the residual dividend policy could be well-received.

In summary, the evaluation of the proposal to adopt the residual dividend policy should consider the company's investment opportunities, flexibility, and shareholder preferences. A thorough analysis of earnings, investment requirements, and potential dividends will provide insights into the suitability of this policy for the company's financial strategy.

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What is loss avervion? 10) Suppose Thomas has routinely received a $1500 merit raise at the end of each year while Mart has received a $3000 raise for as long as she can remember. Draw their responses if each receives a $2500 rake this year uning the value function: v(x)=x for gains and v|ve = 2x for losses. What if they each receive a $3500 rase this year? How do these functions indicate losir aversion? 11) Standard economics assumes preferences and ind therence curves are independent of current endowment or reference point fie, where you are starting fromi. a. This means the indelerence curve is b. Let's take the following situation to show how loss averyon violates this assumption. Suppose the value function for a consumer is silt v(x)=x for gains and v∣p∣+2x for losses and that these functions represent preferences for both good x and good y. Further suppose that the consumer starts with an endowmert of (Ex)=(4,2). Draw an inditerence curve for this person. Then show that the indifference curve is not reversible. 12) Usine the concepts of Wilineness to Pay (WTP) and Walingness to Accept (WTA), whar is the Endowment Effect?

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Loss aversion: It is a behavioral bias that refers to the fact that losses are more impactful than gains. It is a person's tendency to avoid losses rather than acquire gains.

Thomas's  values the $1500 raise less than Mart values the $3000 raise. And when they receive a $2500 raise, both have positive gains, and their responses will be the same. They will have the same attitude towards the money, so both will be satisfied.

Now, when they each receive a $3500 raise, both have positive gains, and Thomas will have a better response than Mart because he will have more money than usual. The function v(x)=x represents Thomas's and Mart's preferences for good x, and it shows that they are more likely to accept gains than losses.

11) Conventional economics makes the assumption that preferences and indifference curves are unaffected by your present financial situation or starting position. The indifference curve is hence vertical. When the value function for a consumer is v(x)=x for gains and vp+2x for losses, and it reflects preferences for both good x and good y, loss aversion contradicts this premise.

It is when the consumer starts with an endowment of (Ex)=(4,2).The indifference curve for this person is a curve that slopes upward and is steeper for losses than gains. The indifference curve is not reversible because the slope is steeper for losses than for gains.

12) Endowment Effect: It is a behavioral bias that occurs when people tend to place a higher value on things they own than on identical things that they do not own. Willingness to Accept (WTA) is the minimum amount a seller is willing to accept for a product or service. The endowment effect occurs when WTP is lower than WTA.

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The Android phone market is highly competitive since there is a large number of companies and potential entrants. For simplicity, assume each firm has an identical cost structure, and the cost does not change with new firms' entry. Each firm's long-run average cost is minimized at 300 and the minimum average cost is $150 per unit. Total market demand is given by Q=15,000−50P. a. (1 pts) What is the Android phone market's long-run supply curve? b. (1 pts) What is the long-run equilibrium price (P ∗
) and total industry output (Q ∗
) ? How many companies are competing in this market? c. (2 pts) The short-run total cost curve for each firm is given by STC =0.5q 2
−150q+ 20000 , where q is the firm's production quantity. Find the short-run marginal cost (SMC) for each firm. What is the market short-run supply curve? d. (2 pts) Suppose Android phone has become more popular and the market demand curve shifts outward to Q=20,000−50P. In the *short-run*, find the new equilibrium price. What is the new equilibrium price in the long run?

Answers

Android phone market:

Long-run average cost (LAC) is minimized at 300. Minimum average cost is $150 per unit. The total market demand is given by Q = 15,000−50P.

a) What is the Android phone market's long-run supply curve?

When the cost is equal to the minimum average cost ($150 per unit), the long-run supply curve would begin and continue horizontally at that cost. Thus, the long-run supply curve for Android phones is Q = 150/50 = 3,000 units.

b) What is the long-run equilibrium price (P*) and total industry output (Q*)?

How many companies are competing in this market?

In the long run, the Android phone market will have a supply of 3,000 units, as computed above.

In the long run, price would be equal to minimum long-run average cost of $150 per unit.

Using the demand function, P* = $9,750/15,000 = $0.65 per unit.Q* = 15,000 - 50(0.65) = 11,750 units

Thus, 11,750/3,000 = 3.92 firms would compete in this market.

Since we cannot have a fraction of a firm, there would be four companies competing in this market.

c) The short-run total cost curve for each firm is given by STC = 0.5q2 - 150q + 20000,

where q is the firm's production quantity.Find the short-run marginal cost (SMC) for each firm. What is the market short-run supply curve?We differentiate the STC with respect to Q to get SMC, which is the marginal cost of each firm:SMC = d(STC)/d(Q)= d/d(Q)[0.5q2 - 150q + 20000]= q - 150

Let Qs be the short-run supply, and let there be n firms operating in the short-run. Since the industry is competitive, each firm will produce until P=SMC.

Using the demand function and the SMC that was calculated earlier, we will solve for the quantity at which P=SMC:0.65 = Q/n - 150The equation above gives us the short-run supply curve.

d) Suppose Android phone has become more popular and the market demand curve shifts outward to Q=20,000−50P. In the short-run, find the new equilibrium price.

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Strengths:
Shoprite prioritises organic goods compared to other discount stores
Shoprite provides other amenities such as pharmacies and liquor stores
Shoprite offers a large variety of products, and product mix options that cater to various customer segments in the retail industry
Shoprite’s lowest price promise provides customers with the lowest prices in quality food, as well as other products -such as liquor and medication, as well as in-store services that provide customers with a convenient shopping experience
Shoprite has strong brand recognition
Weaknesses:
The business model of Shoprite Holdings Limited can be easily imitated by competitors
Shoprite faces difficulties in sustaining its pharmacy business
ShopRite has limited retail formats, specifically in South Africa, and an increased dominance of companies like Amazon -that have a strong online presence- pose a threat to both physical and online stores.
Shoprite Holdings history of coming up with new innovations, and subsequently driving down prices in the supply chain has resulted in a low loyalty among its suppliers
Customers are not able to easily navigate Shoprite Holdings website and find desired information in just a few clicks
One thing to take note is
that a customer is not able to navigate easily and find the information they are looking for with a
few clicks.
One thing to take note is
that a customer is not able to navigate easily and find the information they are looking for with a
few clicks.
One thing to take note is
that a customer is not able to navigate easily and find the information they are looking for with a
few clicks.
Opportunities:
Increased demand for organic food segments
e-retailing and retail franchising
Shoprite can use advances in digital technology to deliver more value to customers
Shoprite Holdings can capitalise on the accelerated technological innovations and advances -that are improving industrial productivity- to significantly venture into adjacent products.
Social commerce can be used to promote and sell Shoprite Holdings products and services
Threats:
Dedicated stores for organic products, pharmacies, toy stores, etc
Highly competitive market in food retail business
Stores with greater online presence
Changing demographics can pose a threat to Shoprite Holdings Limited as people are becoming more open to experimentation, and thus less brand loyal
Commoditization of the product segment
Using the SWOT analysis above develop a SPACE Matrix for Shoprite Holdings Limited. Include at least 4 variables that fit under the four dimensions, namely, financial strength, competitive advantage, environmental stability, and industry strength. Then allocate a value ranging from 1 (worst) to 6 (best) to each of the variables.

Answers

SPACE matrix is an analytical technique utilized in strategic management and planning to decide on the business direction that the company should go. In creating the SPACE Matrix for Shoprite Holdings Limited, the first step is to allocate the four dimensions of the matrix: environmental stability, industry strength, competitive advantage, and financial strength.


Below is the table showing the variables and the values for the four dimensions of SPACE Matrix for Shoprite Holdings Limited: Financial Strength (FS) Industry Strength (IS) Environmental Stability (ES) Competitive Advantage (CA)

1. Business Model easily imitated by competitors (6)

2. Difficulties in sustaining pharmacy business(3)

3. Limited retail formats(4)

4. History of low loyalty among suppliers(3)

Total 6 3 4 3 = 16

1. Increased demand for organic foods(6)

2. Highly competitive food retail business(5)

3. Stores with greater online presence(2)

4. Changing demographics(2)

Total 6 5 2 2= 15

1. Dedicated stores for organic products(2)

2. Shops like Amazon with strong online presence(3)

3. Commoditization of product segment(5)

Total 2 3 5 1 = 11

1. Shoprite prioritizes organic goods compared to other discount stores(6)

2. Provides other amenities such as pharmacies and liquor stores(4)

3. Offers a large variety of products that cater to various customer segments(5)

4. Strong brand recognition(6)

5. Lowest price promise

Total 6 4 5 6 = 21

From the calculation of the sum of total values of each dimension, it can be observed that the Financial Strength is in the average range while Industry Strength and Competitive Advantage dimensions are in the high range, and Environmental Stability is in the low range. It indicates that Shoprite Holdings Limited is strong enough to compete in the food retail market despite its weaknesses.


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Consider the market for car alarm systems (a part of a car that honks when someone tries to open the doors while the car is locked). What kinds of market failures might exist in this market? Give an example of a possible failure for each of the three main assumptions of the first welfare theorem of economics. (Answer in a list of three, with a one or two sentence description of each failure.)

Answers

The market failures that might exist in the market for car alarm systems are negative externalities, imperfect information, and market power. Below are the possible market failures for each of the three main assumptions of the first welfare theorem of economics:

1. Negative externalities: When car alarm systems are used in residential areas, they may cause noise pollution and disturb the neighborhood.

2. Imperfect information: There is a possibility that consumers are not aware of the quality of the car alarm system they are purchasing, leading to a possibility that a poor-quality alarm system might be installed in their car.

3. Market power: A company that has a monopoly on car alarm systems could charge higher prices than would exist in a competitive market. This would lead to a reduction in consumer surplus and may result in an inefficient allocation of resources.

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Suppose the interest rate in the US is 3.13% and in the UK is 7.74%. The current spot rate of British pounds is $1.866; the 26 -day forward rate of the pound is $1.816. What is the equilibrium UK interest rate in percentage (keep 2 decimal)? Question 20 0/4 pts The bank provides bid and ask quotes for the British pounds are GBP/USD =1.183 and GBP/USD = 1.403. What is the amount of dollars you need in exchange for 1,000 pounds? Question 21 0/4 pts The bank's bid and ask quote for the Mexican peso are MXN/USD =0.140 and MXN/USD=0.155. If you have Mexican pesos, what is the number of pesos that you need to exchange for $20,000 ?

Answers

The equilibrium UK interest rate is approximately 0.33% based on the interest rate parity equation.

To exchange 1,000 pounds, you would need $1,403, based on the bank's ask quote (GBP/USD).

To exchange $20,000, you would need approximately 142,857.14 pesos, based on the bank's bid quote (MXN/USD).

To calculate the equilibrium UK interest rate, we can use the interest rate parity equation:

(1 + i₄) = (1 + i₃) × (Fₚ / Sₚ)

Where i₄ is the UK interest rate, i₃ is the US interest rate, Fₚ is the forward rate of the pound, and Sₚ is the spot rate of the pound.

Given:

US interest rate (i₃) = 3.13%

UK interest rate (i₄) = ?

Forward rate of the pound (Fₚ) = $1.816

Spot rate of the pound (Sₚ) = $1.866

(1 + i₄) = (1 + 0.0313) × (1.816 / 1.866)

(1 + i₄) = 1.0313 × 0.97265

(1 + i₄) ≈ 1.003255

i₄ ≈ 0.003255 * 100

i₄ ≈ 0.3255%

Therefore, the equilibrium UK interest rate is approximately 0.33%.

To calculate the amount of dollars needed in exchange for 1,000 pounds, we can use the ask quote (GBP/USD) provided by the bank:

Ask quote (GBP/USD) = 1.403

Amount in dollars = 1,000 pounds × 1.403 USD/GBP

Amount in dollars = $1,403

Therefore, you would need $1,403 in exchange for 1,000 pounds.

To calculate the number of pesos needed to exchange for $20,000, we can use the bid quote (MXN/USD) provided by the bank:

Bid quote (MXN/USD) = 0.140

Number of pesos = $20,000 / 0.140 MXN/USD

Number of pesos ≈ 142,857.14 pesos

Therefore, you would need approximately 142,857.14 pesos to exchange for $20,000.

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Underlying earnings may be defined as earnings: that include non-recurring components. net of capital expenditures needed to keep the business productive. that exclude non-recurring components.

Answers

Underlying earnings are a key financial metric used to provide a clearer view of a company's financial performance by excluding non-recurring components from the calculation. This allows investors and analysts to better evaluate the ongoing operations and financial health of the business.

Underlying earnings can be defined as earnings that exclude non-recurring components. This means that the calculation of underlying earnings will take into account all the recurring expenses and revenue streams that a business has on an ongoing basis. This figure is used to provide a clearer view of the company's financial health and performance.It is important to note that underlying earnings may still include expenses that are required to keep the business productive, such as capital expenditures. These expenses are considered recurring and necessary to the operation of the business.On the other hand, non-recurring components are expenses or revenues that are not part of the company's ongoing operations, such as one-time gains or losses from the sale of assets. These non-recurring components can have a significant impact on a company's reported earnings, and excluding them can provide a more accurate picture of the company's underlying financial performance.

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Listen In the Power Point presentation. "Research In Business Studies, it delineates between two business decision making approaches: common sense and science Compare and contrast these two approaches using examples based from current business culture. C O & 7 3 e d $ 4 L f 5 V t g b y h 1 E A k O

Answers

Business decision-making is the process of identifying the most profitable course of action for a business. There are two basic approaches to making business decisions: common sense and scientific approaches. Scientific decision-making is based on the hypothesis-testing model that is used in the scientific method.

Common sense is an intuitive and practical approach to decision-making that is primarily based on personal experience, instincts, and gut feelings. It is a quick and easy way to make decisions without the need for extensive research. For example, a retail store owner may decide to stock up on winter clothing in the winter season because he or she knows that winter is the time when people buy more winter clothes. Scientific decision-making, on the other hand, is a data-driven and analytical approach to decision-making. Scientific decision-making is also more comprehensive and rigorous than common sense decision-making since it requires the use of specialized tools, techniques, and knowledge. Nonetheless, common sense decision-making has its advantages too. It is simple, quick, and cost-effective. In situations where time is limited, or resources are scarce, common sense decision-making may be the only option available.

In conclusion, it is clear that both common sense and scientific decision-making have their pros and cons. However, businesses that want to achieve long-term success should consider using a scientific approach to decision-making as it is more reliable, accurate, and objective.

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"
Do you think effective HR is important to an
organization’s strategy? Why or why not? Give 2 examples from the
corporate world in detail
"

Answers

Effective HRM is vital to an organization's strategy. Companies that prioritize HRM will benefit from a high-performing workforce capable of driving the organization towards its objectives. By focusing on attracting, retaining, and developing talented individuals, organizations can position themselves for sustained success.

Effective human resource management (HRM) plays a crucial role in an organization's strategy and success. The HR department is responsible for attracting and hiring skilled individuals who can contribute to the company's objectives. HRM ensures that the organization has the right people with the necessary skills and experience in suitable roles, thereby supporting the achievement of its goals. Furthermore, HRM processes such as recruitment, selection, and retention contribute to the development of a talented workforce that can effectively execute the organization's strategies.

A key aspect of effective HRM is compliance with laws and regulations. HR ensures that the company follows legal requirements related to employment, promoting a fair and ethical work environment. Additionally, HRM fosters workplace diversity and inclusion, recognizing the value of a diverse workforce in driving innovation and creativity.

Competitive compensation and benefits are also important components of effective HRM. By offering attractive rewards packages, organizations can attract and retain top talent, ensuring their continued contribution to the company's success.

In conclusion, effective HRM is vital to an organization's strategy. Companies that prioritize HRM will benefit from a high-performing workforce capable of driving the organization towards its objectives. By focusing on attracting, retaining, and developing talented individuals, organizations can position themselves for sustained success.

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How each country can take advantages of industrial symbiosis/ecology to reduce environmental issues (such as global warming, greenhouse gas,,...)
Please, give detail explanations for the way industrial symbiosis can do.

Answers

Industrial symbiosis, also known as industrial ecology, is an approach that promotes collaboration and resource sharing among different industries to reduce environmental issues. Here's how each country can take advantage of industrial symbiosis to tackle environmental challenges such as global warming and greenhouse gas emissions:

1. Resource exchange: Industrial symbiosis encourages the exchange of by-products, waste materials, and energy between industries. For example, one industry's waste product can be utilized as a raw material by another industry, reducing the need for new resources and minimizing waste disposal. This resource exchange helps in conserving natural resources and reducing the environmental impact of industries. 2. Co-location of industries: By locating industries with complementary needs and outputs close to each other, countries can facilitate symbiotic relationships. This proximity enables efficient transportation of materials, reduces transportation-related emissions, and creates opportunities for collaboration and resource sharing. 3. Energy efficiency: Industrial symbiosis promotes the use of energy-efficient technologies and practices. For instance, industries can collaborate to establish shared energy infrastructure, such as cogeneration plants, where waste heat from one industry can be utilized by another industry. This not only reduces energy consumption but also minimizes greenhouse gas emissions. 4. Waste reduction and recycling: Through industrial symbiosis, countries can promote waste reduction and recycling practices. By exchanging waste materials, industries can find alternative uses for these materials, thus reducing the need for landfilling or incineration. This approach helps in minimizing pollution and conserving natural resources. 5. Innovation and research: Industrial symbiosis fosters innovation and research by encouraging collaboration and knowledge-sharing among industries. This collaboration can lead to the development of new technologies, processes, and business models that are more environmentally friendly. By leveraging each other's expertise, countries can accelerate the transition towards a more sustainable industrial sector. Overall, industrial symbiosis provides a framework for countries to address environmental issues by promoting collaboration, resource efficiency, and waste reduction among industries. By implementing these principles, countries can minimize their environmental footprint and contribute to global efforts to combat climate change and other environmental challenges.

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Biogen Inc. is considering a capital expansion project. The initial investment of undertaking this project is $238,200. This expansion project will last for five years. The net operating cash flows from the expansion project at the end of year 1, 2, 3, 4 and 5 are estimated to be $42,350, $47,024, $94,752, $82,512 and $120,456 respectively.
Biogen has a weighted average cost of capital of 28%.
_______________________________________________
What is the modified internal rate of return if Biogen undertakes this project? Assuming that the positive cash inflow from undertaking this project will be reinvested at the weighted average cost of capital.
24.63%
27.16%
22.82%
20.04%

Answers

The modified internal rate of return (MIRR) is approximately 27.10%, which is closest to 27.16%. Therefore, the correct option is 27.16%.

To calculate the modified internal rate of return (MIRR), we need to determine the present value of the cash inflows and outflows using the weighted average cost of capital (WACC) as the discount rate. Then we can find the discount rate that equates the present value of cash inflows to the present value of cash outflows.

First, let's calculate the present value (PV) of the net operating cash flows using the WACC of 28%:

PV(year 1) = $42,350 / (1 + 0.28)^1 = $33,007.81

PV(year 2) = $47,024 / (1 + 0.28)^2 = $32,552.34

PV(year 3) = $94,752 / (1 + 0.28)^3 = $55,195.99

PV(year 4) = $82,512 / (1 + 0.28)^4 = $39,098.86

PV(year 5) = $120,456 / (1 + 0.28)^5 = $48,919.82

Next, calculate the present value of the initial investment:

PV(initial investment) = -$238,200

Now, calculate the future value (FV) of the positive cash inflows reinvested at the WACC:

FV(year 1-5) = $33,007.81 * (1 + 0.28)^5 + $32,552.34 * (1 + 0.28)^4 + $55,195.99 * (1 + 0.28)^3 + $39,098.86 * (1 + 0.28)^2 + $48,919.82 * (1 + 0.28)^1 = $315,405.28

Finally, calculate the MIRR by finding the discount rate that equates the present value of cash outflows to the future value of cash inflows:

MIRR = ((FV inflows / PV outflows)^(1/n)) - 1

= ((315,405.28 / -238,200)^(1/5)) - 1

= (1.32459)^(0.2) - 1

≈ 0.27099

The modified internal rate of return (MIRR) is approximately 27.10%, which is closest to 27.16%. Therefore, the correct option is 27.16%.

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J\&L Packaging, Inc.: Cash-to-Cash Conversion Cycle Case Study. Attached Files: [a J.L. Packaging Worksheet Template DL.xlsx (13.758 KB) Please respond to questions 1, 2,3, and 4. I provided you with a helpful spreadsheet template. Be sure to use it as part of your submission. Organizational Supply Chain Find, describe, and draw (if needed) an organization's supply chain, and identify the types of inventory in it and, if possible, the purpose of the inventory and how it is monitored and controlled. Some examples may include; your place of employment, restaurant, factory, retail store, hotel, school, or medical office.

Answers

J&L Packaging, Inc. is an organization that deals with packaging products and services. Its supply chain begins with the raw materials that are used to produce packaging products.

The materials are then shipped to the manufacturer, who transforms them into packaging products. The packaging products are then shipped to the distributor, who delivers them to the customers. Finally, the customers receive the products and pay for them.
The types of inventory in the J&L Packaging, Inc. supply chain include raw materials, work in progress, finished goods, and maintenance, repair, and operating (MRO) supplies. Raw materials are used to produce the packaging products and include paper, glue, ink, and other materials.

MRO supplies are used to support the production and maintenance of the packaging products. They include items such as cleaning supplies, tools, and spare parts. The purpose of the inventory is to ensure that the right amount of materials and products are available at the right time to meet customer demand.

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Analyzing the effects of imposing a tariff (Trump’s proposal). Consider an open
economy with an importable good purchased by the representative consumer who has a utility
function U = U(Cm, l). The economy produces only an exportable good via the production
function Yx = zF(K,Nd). The consolidated budget constraint is Cm = w(h − l) + π − T.
Profits are given by π = pxYx − wNd, where px denotes the terms of trade, i.e., the relative
price of exportable goods in terms of importable goods. In this one-period economy we have
balanced trade, that is, NX = pxYx − C − G = 0. Note that values are expressed in units of
the importable good. The government, as usual, balances its budget (G = T). Now, assume
that the government imposes a tariff 0 < τ < 1 to importable goods, so the new constraint is
(1+τ )Cm = w(h−l)+π −T. The government balances a new budget constraint G = T +τCm.
Assuming that the substitution effect dominates the income effect, does this trade policy create
more employment and welfare? Explain and provide a graph

Answers

Analyzing the effects of imposing a tariff, specifically Trump's proposal, on an open economy with importable goods and exportable goods can be done by considering the utility function, production function, and budget constraints.

In this one-period economy with balanced trade (NX = 0), the representative consumer's utility function is U = U(Cm, l), where Cm represents consumption of the importable good and l represents leisure. The economy produces only an exportable good using the production function Yx = zF(K, Nd), where z represents productivity, K represents capital, and Nd represents labor. The consolidated budget constraint is Cm = w(h - l) + π - T, where w represents the wage rate, h represents total time endowment, π represents profits, and T represents taxes. Profits are given by π = pxYx - wNd, where px represents the terms of trade (relative price of exportable goods in terms of importable goods). Now, let's assume that the government imposes a tariff 0 < τ < 1 on importable goods. The new constraint becomes (1+τ)Cm = w(h - l) + π - T and the government balances its new budget constraint with G = T + τCm. To analyze the effects on employment and welfare, we need to consider the substitution effect and income effect. If the substitution effect dominates the income effect, then the trade policy could potentially create more employment and welfare. To visualize this, we can use a graph. On the horizontal axis, we can represent the quantity of labor (Nd), and on the vertical axis, we can represent the wage rate (w). With the imposition of the tariff, the new budget constraint shifts outward, indicating an increase in the consumption of the importable good. This leads to an increase in profits (π) and potentially higher wages (w) as well. If the substitution effect dominates, the wage rate could increase further due to the higher demand for labor. This would lead to more employment and potentially higher welfare. However, it is important to note that this analysis assumes that the substitution effect dominates the income effect. The actual impact on employment and welfare would depend on various factors such as the magnitude of the tariff, the elasticity of demand for the importable good, and the response of the economy to the trade policy.

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Explain your answer. A football team will go down to league three if they have a points total of fewer than 20 points. Do you think Newtown FC will get enough points in 2019 to stay in league two? Explain your answer. 2. Landscape artists frequently hand-draw their landscape layouts (blueprints) because this allows them more creativity and precision over their plans. Although done by hand, the layouts must be extremely accurate in terms of angles and distances.a. A landscape artist has drawn the outline of a house. Describe three different ways to make sure the corners of the house are right angles. Polyvinyl chloride PVC can be produced from many types of industrial polymerization technique. Sate two types and then describe the polymerization techniques and differentiate the polymers made of these types of polymerization technique. (20 marks) Problem: Develop an application using C++ language to implement the following using doubly linked list.1.Insertion at first.2.Insertion at the end.Rubrics:No.CriteriaMarksDoubly Linked list1Insertion4.02Displaying the List Items1.0Total Marks5.0use C++ programming Read the following cases carefully and then answer: Q.1. John Thomson is a young entrepreneur and community college graduate. He owns and operates a glass recycling business. He designed a machine - the Super Sorter - that sorts glass by color before it is crushed and recycled. John's invention will make the glass-sorting process cheaper and increase the profits for his business. John believes the Super Sorter has world-wide market potential and would like to commercialize it. He is seeking advice from the Office of Applied Research of his former college on how best to protect and commercialize the invention. A. What is the best way to protect john's invention? Explain the method. B. What are the rights of John Thomson according to his invention? Given the function below, write a code that: y(x) = 5x^2 + 3x + 2 Plots the function for x between 0 and 20: The plot must have: - x-axis label = x- y-axis label='Y' Calculates the second-order derivative of y(x) between 0 and 20. Creates another plot with the initial function and its second derivative. The plot must have:- X-axis label = 'X' - y-axis label = 'y -a legend Calculates and prints the first derivate of y(x) at x=10 What Table is used to determine the size of conduit where all the wires are 1,000 Volt RWU90 and are of the same size? a) Table 9D b) Table 6B Oc) Table 8 d) Table 6D e) Table 10C YieldMore is a small agricultural company that produces and sells fertilizer products. The company operates through its headquarters in a small town in Indiana. Outside its headquarters, there are two large production facilitiesone in Nebraska and one in Oklahoma. Furthermore, YieldMore employs sales force personnel in every state in the U.S. to serve its customers locally.The company has three servers located at its headquartersActive Directory Server, a Linux application server, and an Oracle database server. The application server hosts YieldMores primary software application, which is proprietary program managing inventory, sales, supply-chain, and customer information. The database server manages all data stored locally with direct attached storage.All three major sites use Ethernet cabled local area networks (LANs) to connect the users Windows Vista workstations via industry standard, managed switches.The remote production facilities connect to headquarters via routers T-1 (1.54 mbps telecomm circuit) LAN connections provided by an external Internet service providers (ISP) and share an Internet connection through a firewall at headquarters.Individual sales personnel throughout the country connect to YieldMores network via virtual private network (VPN) software through their individual Internet connections, typically in a home office.Identify, analyze, and explain several (at least five) likely threat/vulnerability pairs and their likelihood of occurrence in this scenario. percent. What is the NPV? Multiple Choice $1,088,079 $597,212 $805,320 $715,560 $522,560 Make two shapes bounce off walls using C# and WPF in visualstudios. Make the one of the shapes explode when it hits the othershape. 1- compute computational complexity of the algorithm2- compute space complexity of the algorithmStep by stepcode :#includeusing namespace std;struct Node{int data;Node *next;Node(int data, Node* next = NULL){this->data = data;this->next = next;}};int main(){int n, m;Node *head = NULL, *tail = NULL;coutn;coutm;for(int i = 1; i next = head;}else{tail->next = new Node(i);tail = tail->next;tail->next = head;}}Node *ptr = tail;for(int i = 0; i < n - 1; i++){for(int j = 0; j < m - 1; j++)ptr = ptr->next;Node *temp = ptr->next;ptr->next = temp->next;cout Which of the following set of dataframe functions best answers exercise 3 of lab 6?a. filter, orderBy, show(10)b. filter, select, join, orderBy, show(10)c. filter, select, orderBy, show(10)d. select, orderBy, show(1 What did the decision demonstrate about the separation of powers in the American government? How did it reflect the principle of judicial review? U.S v Nixon case 3.4 Implement the Control classA skeleton Control class has been provided for you, and it is posted in Blackboard in the project as project.zip file. You will implement the Control class so that it contains the following data members:the Book Club object to be managedthe View object that will be responsible for most user I/O; the View class is provided for you.You need to complete it.The Control class will contain the following member functions:a default constructor that initializes the data membersan initBooks() member function that initializes the Books contained in the Book Cluban initMembers() member function that initializes the Club Members contained in the BookCluba launch() function that implements the program control flow and does the following:call the initialization functionsuse the View object to display the main menu and read the users selection, until the userexitsif required by the user: print the data for all the members in the book clubprint the data for all the books in the book cluballow the club member to rate a specific book, giving it a numeric value between 1 and10compute and print out the best rated book (the book with the highest average ratingentered by the members who rated that book) and the most rated book (the book withthe greatest number of ratings) in the book clubexit the program Ammonia will decompose into nitrogen and hydrogen at high temperature. An Industrial chemist studying this reaction fills a 1.5 L flask with 2.7 atm of ammonia gas, and when the mixture has come to equilibrium measures the amount of nitrogen gas to be 0.41 atm. Calculate the pressure equilibrium constant for the decomposition of ammonia at the final temperature of the mixture. Round your answer to 2 significant digits. K-0 P X Q.2.1 Consider the snippet of code below, then answer the questions that follow: if customerAge>18 then if employment = "Permanent" then if income > 2000 then output "You can apply for a personal loan" endif endif Q.2.1.1 If a customer is 19 years old, permanently employed and earns a salary of R6000, what will be the outcome if the snippet of code is executed? Motivate your answer. Q.2.2 Using pseudocode, plan the logic for an application that will prompt the user for two values. These values should be added together. After exiting the loop, the total of the two numbers should be displayed. endif (2) If last year our revenue in cell E5 was $125,000,000 but this year we are expecting a decrease of 4% whi On the other hand, constructing an oil transfer facility would employ 5X as many workers during the construction phase, and generate 2X the expected revenue compared to the digester facility production facility over a 20 year time period. However, the digester facility would generate 2X as many jobs overall over the life time of the 20 year period. At this point, AEMI is unsure about the risks posed. Experts have stated that the oil transfer facility poses "greater risk" but they have not specified what this risk (or risks) is. Which of the two alternatives should AEMI pursue? Develop an evaluation matrix(s) that scopes out the important environmental issues identified above - and any others you think relevant - and helps decision making. If possible, use a rating system to assist you in the analysis. Use the following three general categories for one axis of your matrix; you can use any other categories you wish for the other axis. You may subdivide categories as you wish. Ecological/natural impact related effects. Health and safety related effects. Socio-economic related effects. State your assumptions and provide additional explanations (e.g., reasoning) as you see appropriate. Is there actually another alternative that should be evaluated? If so, how would this change your analysis? You do not have to undertake this third analysis - simply discuss it.